Changes in GDP in the Short Run Are Caused Primarily

question 35

Multiple Choice

Changes in GDP in the short run are caused primarily by

• A)demand factors.
• B)supply factors.
• C)technology.
• D)capital accumulation.
• E) all of the above

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Definitions:

Insurance Coverage

Protection provided by an insurance policy against financial losses from specific risks or damages.

Bad Faith Breach

A situation where a contractual obligation is not fulfilled, with the violator having no intention to honor the contract from the start.

Homeowner's Policy

An insurance policy providing coverage for a private residence, protecting against various risks like damage, theft, and liability.

Compensatory Damages

Financial compensation awarded to a plaintiff to compensate for losses or injuries as a result of the defendant's actions.